The problem isn't inflation. It's prices. What goes up may not come down

Re:The problem isn't inflation. It's prices. What goes up ma... by Capricorn2481 on Wednesday November 08, 2023 @12:04PM (#38193372)

I see lots of people saying something different, which is the current state of prices doesn't match the rate of inflation we had the past few years.

I'm way more disheartened by people talking about inflation like it's the end all be all of prices. We know what price gouging looks like.

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Re:The problem isn't inflation. It's prices. What goes up ma... by merpnderp on Wednesday November 08, 2023 @12:14PM (#38193546)

We've had about 20% total inflation since 2021. In some sectors it is higher and some lower. Even Amazon's recent history of price gouging is only going to add up to peanuts on their yearly gross. I think it's more people just don't understand compounding rates and if you inject more dollars into the economy than there are goods and services, you'll have more dollars chasing those same goods and services.

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